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Hladik, Chair, Legal League This article originally appeared in the March 2025 edition of MortgagePoint magazine, online now. Hladik serves as Chair of Legal League , and is a Partner at Hladik, Onorato & Federman LLP. Q: What were some of the key accomplishments of Legal League in 2024?
According to an amended complaint filed this week, Side alleges that Official Partners and its founders Tal and Oren Alexander committed multiple events of default on a $4.6 The balance request includes additional damages for legal fees and a jury trial. million promissory note Side extended in April.
But in August 2023 , during KW’s Mega Agent Camp event in Austin, the company’s International Associate Leadership Council (IALC) voted to revise the profit-sharing distribution policy. On Thursday, Louis Ronayne and Deborah Ronayne filed a complaint aiming for class-action status in the U.S.
Legal League , the premier professional association of financial services law firms in the U.S. Anthony Van Ness , Founder and Managing Partner of Van Ness Law Firm, and Roy Diaz , Managing Shareholder of Diaz Anselmo & Associates PA have been reelected to the Legal League’s Advisory Council.
The company argues that the charges could incentivize the brothers to use the collateral to cover the steep costs of the legal fees to fight the charges, as well as the potential financial costs related to posting bail. In October, Side sued Tal and Oren Alexander and Official Partners for defaulting on a $4.6
Hill and Kevin Ortiz — took legal action against the real estate brokerage by filing four separate class-action lawsuits. But in August 2023 , during KW’s Mega Agent Camp event in Austin, the company’s International Associate Leadership Council (IALC) voted to revise the profit-sharing distribution policy. Moulder, David L.
Open to all mortgage lending and servicing professionals, GSEs , government entities, and Legal League members, the annual Spring Servicer Summit gathers the nations elite financial services law firms to discuss default policies, procedures, and emerging issues with leading mortgage servicing executives.
Leading Real Estate Companies of the World (LeadingRE) has promoted Jessica Edgerton to chief legal officer/executive vice president of industry and learning and Kate Reisinger to chief operating officer. Edgerton will now oversee the company’s legal affairs, such as regulatory compliance, trademark protection, and contract management.
The bureau specifically cites the HECM loans nonrecourse feature, the requirement that HECM repayment is contingent on a termination event (such as death of the borrower), and determination of the payment obligation having some basis in the homes value at the time of said event.
District Court for the District of Columbia , saying that widespread cuts to contracts amount to an event that is likely to disrupt the functioning of the bureau. A person who describes himself as a contracting officer with the Consumer Financial Protection Bureau (CFPB) filed an affidavit in the U.S.
He ruled that the submitted report will enable the court to further understand how the reverse mortgage industry views the assets in question when considering the legal questions at issue, according to a court filing reviewed by RMD. The lawsuit at the center of these events was initially filed in October 2023.
Legal League has issued a brief on the recent decision in the state of Pennsylvania in the case of Foxfield at Naamans Creek v. Legal League is a professional association of financial services law firms, uniquely positioned to drive progress in the mortgage servicing industry. Legal League Advisory Council Chair Stephen M.
Create hyper-local strategies that focus on building connections in communities or farm areas through events, personalized outreach, and targeted farming strategies. For example, focus on value-driven events like sponsored educational workshops, or create opportunities to meet prospects and gain their permission to stay in touch.
HW Media, publisher of HousingWire, FinLedger, and producer of Engage Events, today announced it has closed on the strategic acquisition of REAL Trends, the residential real estate industry’s leading report that ranks the performance of the top U.S. brokerage firms.
The event will present unique opportunities for education, networking, and engaging discussions on pressing issues impacting financial services law firms are not to be missed. Legal League has assembled a full slate of informative sessions, to be presented by some of the top minds in the industry.
“This has been a difficult time for everyone affected by this tragic event, and our hearts go out to those impacted,” Rabi Aziz, CEO of OCMBC, said in a statement. ” Founded in 2001, California-headquartered OCMBC originates in the wholesale , retail and correspondent channels.
Today on the Appraisal Buzzcast, host Hal Humphreys speaks once again with Peter Christensen, attorney/owner at Valuation Legal, CE instructor at Appraiser eLearning, and one of our highest rated Buzzcast guests. What are some current court cases and lawsuits affecting appraisers today?
The state has no legislation permitting RON, and has even gone so far as to write to Congress opposing proposed bills that would make RON legal in all 50 states. HW+ includes weekly long-form digital content, HousingWire Magazine, access to HousingStack, and free admission to all HousingWire virtual events. Already a member?
In an interview held in late January, the pair discussed some of their observations about the conference, American industry professionals and some of the talked-about business elements from the event and other areas of similarity and difference. Heartland complies with these guidelines, they explained. counterpart.
Networking Caps Off the Day The FORCE Welcome Reception, hosted by Five Star’s FORCE group , the event served as a pre-conference networking gathering of agents. Tuesday morning will bring the Legal League Default Servicer Certification: Level I course. On Wednesday, the Five Star Academy Class Pass-Powered by the FORCE will be held.
Part two dove into legal challenges of the present commission system, and the industry’s defense of commissions at the present level of 5% a home sale. HW+ includes weekly long-form digital content, HousingWire Magazine, access to HousingStack, and free admission to all HousingWire virtual events. You know what’s annoying?
million to more than 5,300 home mortgage consultants to resolve a pair of class-action legal claims that allege wage-and-hour violations in California, according to the settlement agreement in federal court. Wells Fargo agreed to pay $95.7 The deal will provide $62.8
In fact, California has even gone so far as to write to Congress, opposing proposed bills that would make RON legal in all 50 states, saying it was an overstep of state’s rights and that, for California, RON was not an option. California, the most populated state in the U.S., The rest of this content is for HW+ members. Already a member?
In the past few weeks, 11 agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, Penny Alper, Jana and Dennis Caudill, Eric Mendoza and Jack Levine — took legal action against the real estate brokerage by filing seven separate class-action lawsuits.
As the Five Star Institute begins to assemble and plan the agenda of events for the 2025 Conference, Five Star is seeking some of the industry’s top minds to take part in the event and share their knowledge and expertise as speakers. In addition, the Five Star Institute is seeking sponsors and exhibitors for the event.
But in August 2023 , during KW’s Mega Agent Camp event in Austin, the company’s International Associate Leadership Council (IALC) voted to revise the profit-sharing distribution policy. In February 2020, KW introduced a more restrictive policy to its profit-sharing program.
In the past few weeks, 12 agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, Penny Alper, Jana and Dennis Caudill, Eric Mendoza, Jack Levine and John Exnicios — took legal action against the real estate brokerage by filing a host of class-action lawsuits.
After the series wraps, join us on February 6 for the HW+ Virtual 2023 Forecast Event. Bringing together some of the top economists and researchers in housing, the event will provide an in-depth look at the top predictions for this year, along with a roundtable discussion on how these insights apply to your business.
Some popular real estate newsletter content includes: Market updates Featured listings Industry news Local news Community events Agent profiles Investment opportunities No matter what content you choose to include, your real estate newsletter should serve as a meaningful touchpoint that continuously builds your client relationships.
Guaranteed Rate Affinity has initiated legal action against former loan originators, accusing them of breaching contracts by failing to pay back advanced signing bonuses and commissions after they left the company. The company alleges that two of her eligible loans became subject to recapture events.
A homeowners insurer trade group, which has mounted successful legal challenges of the standard in the past, said it sees no reason the rule should apply to its industry. Exclusive access to the HW+ Slack community and virtual events. Start an HW+ Membership now for less than $1 a day. Become a member today. Already a member?
Live Well Financial , which alleges that companies including Celink improperly paid property taxes before they became due without legal justification or notice. As Magistrate Judge Shields held, Shakespeare has no factual or legal relation to this matter,” Celink attorneys said in the filing.
These elements “repeatedly and unambiguously disclosed that GNMA had a right in the event of default to extinguish the issuer’s interest in the mortgages and related interests,” government attorneys said. District Court for the District of Delaware.
In the past few weeks, seven agents formerly affiliated with Keller Williams — Jerri Moulder, David Bueker, Robert Hill, Kevin Ortiz, Edward Fordyce, Paul Davis, and Penny Alper — took legal action against the real estate brokerage by filing seven separate class-action lawsuits.
This webinar event covers the Consumer Financial Protection Bureau’s recent amendment to Reg X which includes changes to default, servicing, and loss mitigation in relation to borrowers impacted by COVID-19. The post Mortgage Servicing, Legal Leaders to Discuss Reg X, COVID-19 appeared first on DSNews.
Hill — have taken legal action against the real estate brokerage by filing three separate class-action lawsuits, Inman first reported on Tuesday. But in August 2023 , during KW’s Mega Agent Camp event in Austin, the company’s International Associate Leadership Council (IALC) voted to revise the profit-sharing distribution policy.
Davis — took legal action against the real estate brokerage by filing six separate class-action lawsuits. But in August 2023 , during KW’s Mega Agent Camp event in Austin, the company’s International Associate Leadership Council (IALC) voted to revise the profit-sharing distribution policy. Moulder, David L. Bueker, Robert E.
In New York City, the Basement Apartments Safe for Everyone (BASE) Campaign advocates for legalizing and upgrading underground apartments, many of which qualify as interior ADUs. This program helps aging adults remain in their communities while providing extra income for homeowners.
Part 2 examines how MLSs have implemented the measure so far, and legal challenges to the pocket prohibition. Exclusive access to the HW+ Slack community and virtual events. This is HousingWire’s two-part series examining the ramifications of NAR’s decision last year to ban pocket listings. Ryan Cook has a few MLS bills to pay.
Here’s a closer look at some of the key sessions that highlighted the event: Pre-Conference Workshops: Deep Dives into Essential Skills The Summit kicked off with hands-on pre-conference workshops on the weekend of September 14th & 15th. The morning concluded with a session titled “Valuation: Art or Science?”
The judge also took issue with Move’s failure to engage in discovery with James Kaminsky, the employee at the center of the legal battle, and he characterized the inconsistencies with Kaminsky’s initial account of the events as “minor/trivial.”
Vesttoo’s alleged fraudulent activity is an unfortunate event for insurance carriers and the reinsurance industry alike,” Matt Ehrlichman, CEO of Porch Group, said in a statement. “We court which it said will enable it to pursue legal action against those responsible for a fake collateral scandal.
A former employee is suing the companies, alleging they “abruptly terminated hundreds of its employees” without giving legally required 60-day advance notice as required by the Worker Adjustment and Retraining Notification Act ( WARN Act ). Illinois-based mortgage lender Celebrity Home Loans and its parent company Celebrity Financial, Inc.
This might consist of concrete steps to take in the event of: Financial difficulties. Legal disputes. Address other important items, including relevant contact information for support professionals, such as legal counsel, insurance providers and emergency services. Natural disasters. Public relations crises.
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